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Reuters President Michael Friedenberg to leave by end of year

By Kenneth Li (Reuters) - Michael Friedenberg, president of Reuters, on Monday said he will leave the company at the end of 2021. In a company memo Thomson Reuters (NYSE:TRI)...
Reuters President Michael Friedenberg to leave by end of year © Reuters.

By Kenneth Li

(Reuters) - Michael Friedenberg, president of Reuters, on Monday said he will leave the company at the end of 2021.

In a company memo Thomson Reuters (NYSE:TRI) Corp, the parent company of Reuters, said a search will begin shortly for a new Reuters president.

Friedenberg's departure caps a three-year run that included the appointment of Alessandra Galloni, the first woman editor-in-chief at the 170-year-old news organization, the relaunch of Reuters.com and the stabilization of the news business and return to growth in revenue and profit this year.

It also marked the entrance of the news agency into the events business amid a global pandemic. Friedenberg's effort to launch a subscription paywall for Reuters.com in June hit a setback when Refinitiv, the largest single Reuters customer, opposed the move https://www.reuters.com/business/media-telecom/reuters-postpones-website-paywall-amid-refinitiv-dispute-2021-05-27.

"Reuters is in an historically strong position, both editorially and commercially," Friedenberg, 54, wrote to his staff. "As we look ahead, the time is right to pass on the baton – and allow a smooth transition – with Reuters firmly on the front foot."

Thomson Reuters did not say why Friedenberg is leaving, but a spokesperson said: "Reuters is not for sale.

"It remains an important part of Thomson Reuters and one that is valued across our business and client base. Reuters plays a central part in our overarching strategic vision to be the leading content driven technology company, powering the world’s most informed professionals."

Reuters.com postponed the launch of its paywall following a dispute with financial data provider Refinitiv over whether the move would breach a news supply agreement between the two companies.

The London Stock Exchange Group (LON:LSEG), the parent of Refinitiv, has said discussions with Reuters are ongoing. The group was not immediately reachable for comment on Monday.

A Thomson Reuters spokesperson said: "Our partnership with LSEG and Refinitiv is strong, and discussions are still ongoing about our business approach and products, and how we can enhance our offer to all customers."

Steve Hasker, Thomson Reuters CEO, said in a prepared statement: "Reuters is delivering world-class independent, unbiased global journalism today and its next president will build on the work that Michael and his team have done."

"We thank him for his leadership during an intense period in global affairs and express our collective appreciation to all our Reuters colleagues for their tireless efforts to inform the world."

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APPROVED BROKERS
Row 1 Left net_home_top Row 1 Right Row 2 Left Row 2 Center Row 2 Right Main Right TOP 07 Main Right TOP 06 Main Right TOP 05 Main Right TOP 04 Main Right TOP 03 Main Right TOP 01
27-09-2021 19:30:00 (UTC+7)

EUR/USD

1.1695

-0.0019 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (6)

EUR/USD

1.1695

-0.0019 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (6)

GBP/USD

1.3695

+0.0013 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (3)

Sell (6)

USD/JPY

110.97

+0.26 (+0.23%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

AUD/USD

0.7254

-0.0004 (-0.06%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (3)

USD/CAD

1.2664

+0.0012 (+0.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/JPY

129.76

+0.07 (+0.05%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (3)

EUR/CHF

1.0856

+0.0034 (+0.31%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Gold Futures

1,751.15

-0.55 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Silver Futures

22.692

+0.267 (+1.19%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Copper Futures

4.2787

-0.0068 (-0.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

75.44

+1.46 (+1.97%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (2)

Brent Oil Futures

78.69

+1.46 (+1.89%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (2)

Natural Gas Futures

5.480

+0.280 (+5.38%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (1)

US Coffee C Futures

193.12

-1.23 (-0.63%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (8)

Euro Stoxx 50

4,166.75

+8.24 (+0.20%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

S&P 500

4,455.48

+6.50 (+0.15%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

DAX

15,574.45

+42.70 (+0.27%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

FTSE 100

7,048.74

-2.74 (-0.04%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

Hang Seng

24,208.78

+16.62 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,253.88

-5.16 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (11)

IBEX 35

8,986.50

+113.40 (+1.28%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

BASF SE NA O.N.

64.545

+0.845 (+1.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Bayer AG NA

47.32

+0.84 (+1.81%)

Summary

Neutral

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (2)

Allianz SE VNA O.N.

195.50

+3.16 (+1.64%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (4)

Adidas AG

279.93

-1.64 (-0.58%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (4)

Deutsche Lufthansa AG

6.476

+0.243 (+3.90%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (2)

Siemens AG Class N

146.81

-1.30 (-0.88%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Deutsche Bank AG

11.003

+0.168 (+1.55%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (3)

Sell (7)

 EUR/USD1.1695↑ Sell
 GBP/USD1.3695↑ Sell
 USD/JPY110.97↑ Buy
 AUD/USD0.7254↑ Sell
 USD/CAD1.2664↑ Buy
 EUR/JPY129.76↑ Sell
 EUR/CHF1.0856↑ Buy
 Gold1,751.15↑ Buy
 Silver22.692↑ Buy
 Copper4.2787↑ Buy
 Crude Oil WTI75.44Buy
 Brent Oil78.69↑ Buy
 Natural Gas5.480↑ Buy
 US Coffee C193.12↑ Sell
 Euro Stoxx 504,166.75↑ Sell
 S&P 5004,455.48↑ Sell
 DAX15,574.45↑ Sell
 FTSE 1007,048.74Neutral
 Hang Seng24,208.78↑ Buy
 Small Cap 20002,253.88↑ Sell
 IBEX 358,986.50↑ Buy
 BASF64.545↑ Sell
 Bayer47.32Neutral
 Allianz195.50Sell
 Adidas279.93Sell
 Lufthansa6.476↑ Buy
 Siemens AG146.81↑ Sell
 Deutsche Bank AG11.003↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,665/ 5,715
(5,665/ 5,715) # 900
SJC HCM5,635/ 5,700
(0/ 0) # 885
SJC Hanoi5,635/ 5,702
(0/ 0) # 887
SJC Danang5,635/ 5,702
(0/ 0) # 887
SJC Nhatrang5,635/ 5,702
(0/ 0) # 887
SJC Cantho5,635/ 5,702
(0/ 0) # 887
Cập nhật 27-09-2021 19:30:02
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,750.69+1.20.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2204022480
RON 95-II,III2194022370
E5 RON 92-II2071021120
DO 0.05S1658016910
DO 0,001S-V1693017260
Dầu hỏa1564015950
ↂ Giá dầu thô thế giới
WTI$75.46-1.48-1.96%
Brent$79.57-1.52-1.91%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.630,0022.860,00
EUR25.993,7727.346,60
GBP30.324,2231.591,18
JPY200,45212,05
KRW16,7520,39
Cập nhật lúc 18:54:42 27/09/2021
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